Is it feasible to do waste oil recycling business in Malaysia?
In recent years, recycling waste oil into diesel by distillation machine is very hot. A lot of clients in Malaysia come to consult us is it feasible to do waste oil recycling to diesel business in Malaysia? The answer is yes. Next, I will explain from the following three aspects.
Recycling waste oil into diesel project
Large amount of raw material
Malaysia is a relatively densely populated country, and its industry is relatively developed. A large amount of waste engine oil, lubricating oil, etc. are produced every year, which can be refined into diesel, so the source of raw materials is relatively wide.
The Malaysian government supports the waste oil recycling project. Our 5T waste engine oil recycling to diesel project in Malaysia in 2019 was funded and established by the Malaysian government. As long as the equipment is environmentally friendly and the emissions meet the standards, you can apply to the government to get the license to start this business.
5T waste oil distillation machine funded and established by the Malaysian government
Waste engine oil is classified as hazardous waste in Malaysia. If it is processed by a hazardous waste treatment plant, you need to pay the hazardous waste treatment plant. However, if you use DOING's distillation machine to recycle it into diesel, you will not need to pay the hazardous waste treatment plant. On the contrary, you can sell the obtained diesel to make profit. It should be noted that this diesel is not up to the performance of standard diesel, but can be used in ships, power plants and heavy machinery, etc. The following is our profit analysis of 5T distillation machine for reference.
|ROI Analysis For 5T/D Distillation Machine|
|Running Cost / Day|
|Waste engine oil||5Ton * 262USD/Ton = 1311USD|
|Heating fuel (Diesel)||0.4Ton * 699USD = 280USD|
|Electricity||15Kw/h * 0.14*20h = 44USD|
|Water||Water is for circulation use, no consumption|
|Worker||2 * 15USD = 30USD|
|Income / Day|
|Light oil (Diesel & Gasoline)||4Ton * 699USD = 2897USD|
|Oil sludge||0.75Ton * 160USD = 120USD|
|Profit / Day||1166USD|
Therefore, from these three aspects, it is feasible to do waste oil recycling to diesel business in Malaysia. If you are interested in this project, please contact us for a free quotation of distillation machine.